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(OvobelFoods) Ovobel Foods complete technical analysis [charts+indicators] | Buy/Sell Ovobel Foods | (OvobelFoods) share price targets

Complete technical analysis of Ovobel Foods (OvobelFoods) by charts plus indicators, forecast predictions and share price targets for Ovobel Foods (OvobelFoods)

Showing technical analysis as on 2024-04-03 View latest technical analysis

10 day averaged volume of Ovobel Foods is 11890

Date Daily Closing Price Open High Low Volume
03 Wed Apr 2024 222.70 215.95 234.90 210.00 0.915 times
02 Tue Apr 2024 215.95 213.50 218.95 210.00 0.782 times
01 Mon Apr 2024 211.25 208.95 218.90 202.50 0.996 times
28 Thu Mar 2024 196.75 205.10 205.10 193.00 1.684 times
27 Wed Mar 2024 203.90 213.20 229.00 200.00 1.768 times
26 Tue Mar 2024 213.20 219.50 219.50 210.10 1.25 times
22 Fri Mar 2024 216.55 219.65 220.50 209.95 0.741 times
21 Thu Mar 2024 214.30 213.00 218.80 211.50 0.461 times
20 Wed Mar 2024 211.50 223.85 223.85 210.00 0.979 times
19 Tue Mar 2024 218.60 218.00 229.70 216.00 0.736 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 225.1 as stoploss in an intra day sell trade for a target of 216.85. However, stock will show a bullish move above 225.1.

Share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Target 193.00
Downside Target 200.05
Downside Target 209.95
Downside Target 215.10
Upside Target 224.00
Upside Target 229.00
Upside Target 234.90
Upside Target 235.05
Upside Target 240.00
Upside Target 275.70
Upside Target 276.00
Upside Target 280.00

Intraday share price targets for Ovobel Foods (OvobelFoods)

Target Type Value
Downside Intraday Target 205.17
Downside Intraday Target 187.63
Upside Intraday Target 237.57
Upside Intraday Target 252.43
Downside Intraday Target 220.03

Weekly technical analysis of Ovobel Foods (OvobelFoods)

Date Weekly Closing Price Open High Low Volume
03 Wed Apr 2024 222.70 208.95 234.90 202.50 0.573 times
28 Thu Mar 2024 196.75 219.50 229.00 193.00 1.336 times
22 Fri Mar 2024 216.55 224.50 229.70 209.95 0.8 times
15 Fri Mar 2024 224.50 229.00 229.00 200.05 1.974 times
07 Thu Mar 2024 223.90 220.00 240.00 215.10 0.537 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ovobel Foods (OvobelFoods)

Date Monthly Closing Price Open High Low Volume
03 Wed Apr 2024 222.70 208.95 234.90 202.50 0.172 times
28 Thu Mar 2024 196.75 226.95 240.00 193.00 0.5 times
29 Thu Feb 2024 220.95 266.05 275.70 193.35 1.086 times
31 Wed Jan 2024 270.10 243.00 280.00 235.05 1.046 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ovobel Foods (OvobelFoods)

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ovobel Foods stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ovobel Foods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ovobel Foods in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ovobel Foods is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 210.3 and Ovobel Foods (OvobelFoods) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ovobel Foods (OvobelFoods) stock. Volume based technical analysis of Ovobel Foods (OvobelFoods) stock is negative.

Ovobel Foods Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ovobel Foods ( (OvobelFoods) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ovobel Foods stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Ovobel Foods in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ovobel Foods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ovobel Foods in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ovobel Foods is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 210.3 and Ovobel Foods (OvobelFoods) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ovobel Foods (OvobelFoods) stock. Volume based technical analysis of Ovobel Foods (OvobelFoods) stock is negative.

Ovobel Foods Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Ovobel Foods charts

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Daily charts

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Daily chart
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